Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs Updated On Tue, May 9th, 2023 by Saurenergy Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […] Read more
KP Energy Commissions A Further 29.4 MW Of 250 MW Wind Project In Gujarat Updated On Tue, May 9th, 2023 by Saurenergy Balance of solutions provider and EPC firm for the Wind Energy, KP Energy has successfully commissioned 29.4MW (Phase-II) ISTS connected wind power project comprising 14 numbers of WTGs of 2.1MW each at Sidhpur Site in Devbhoomi Dwarka. In a filing with the BSE yesterday, the firm informed that this Phase-II commissioning is a part of […] Read more
Singareni to Install 13 New Solar Power Plants of 240 MW Capacity Updated On Mon, May 8th, 2023 by Saurenergy With a quest to become a ‘net zero’ firm in coming years, Singareni Collieries Company Ltd (SCCL) will expand its solar power projects by 240 MW as part of the second phase of solar energy development. The firm is owned by the Telangana Government. Singareni is about to complete the first phase of solar energy […] Read more
RERC Proposes Regulation Changes For Rajasthan’s Net-Meter Consumers Updated On Fri, May 5th, 2023 by Saurenergy The Rajasthan State Electricity Regulatory Commission (RERC) recently issued its draft Regulation for Grid Interactive Distributed Renewable Energy Generating Systems, where it has sought changes in some norms related to its net-meter consumers. The Commission has now asked the public and other stakeholders to send in their suggestions on the draft regulation by May 26, 2023. The […] Read more
Sonnedix Signs 150 MWp Solar PPA with Equinix in Spain Updated On Fri, May 5th, 2023 by Saurenergy European renewable energy producer Sonnedix has signed a 10-year solar pay-as-produced power purchase agreement (PPA) in Spain with digital infrastructure company Equinix for 150MWp solar. This PPA marks a key milestone for Sonnedix as its largest transaction signed to date in Europe, and its first time establishing a long-term relationship with a global leader in […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
ITI Ltd Installs 1 MW Solar Facility At Palakkad Plant Updated On Thu, Apr 27th, 2023 by Saurenergy Central public sector undertaking and multi-technology player ITI Ltd has announced that it has commissioned a 1-MW solar power plant at its ITI Palakkad Plant. The solar power project is grid-connected, said ITI Ltd. Rajesh Rai, Chairman and Managing Director (CMD) of ITI Limited, Nagraj K.V., General Manager & Unit Head and Prince R V, […] Read more
